Financial Fair Play probe: PSG president, Al-Khelaifi insists they have nothing to hide

Paris Saint-Germain president, Nasser Al-Khelaifi, has said the club has nothing to hide, as UEFA begins investigatation over alleged violations of its Financial Fair Play (FFP) rules.

Al-Khelaifi, speaking at the official unveiling of French striker Kylian Mbappe on Wednesday, insisted PSG had respected all of UEFA’s rules.

We are very confident in our position and in our recruitment,” he told a press conference.

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“UEFA can do as it wishes, but we have done everything in a transparent way. We haven’t hidden anything and we don’t need to hide anything.”

PSG, owned by Qatar sovereign wealth fund QSI, broke the world transfer record to pay 222million euros ($264 million) for Brazilian superstar Neymar in August, before signing Mbappe on loan with an option to buy the 18-year-old from Monaco for up to 180 million euros in the second largest deal in history.

The president of Spain’s La Liga, Javier Tebas, said Wednesday PSG were “laughing at the system”.